San Francisco Group
Lurdes is one of the members who is trying very hard to be able to help her family. She exclusively works in the sale of beverages from her house. She already has formed a customer base. She is very happy to be part of the Committee of Women Entreprenuers. She says that this activity is very useful, and notes the progress of her family.
She is requesting this loan to be able to invest it in the purchase of beverages, so that she can continue having a good variety to offer to her customers.
La Sra. Lurdes es una de las integrantes que se esmera muchísimo para poder ayudar a su familia, ella se dedica exclusivamente en la venta de bebidas en su casa, ya cuenta con sus clientes formados, ella está muy contenta por formar parte del programa Comité de Mujeres Emprendedoras dice que su actividad es muy provechosa ya que nota el progreso de su familia.
Solicita de este crédito para poder invertirlo en la compra de bebidas, para que de esa forma pueda seguir teniendo buena variedad que ofrecer a sus clientes.
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid